Housing prices in many countries have increased significantly over the past years, fueling a fear that speculative price bubbles will return. However, it can be difficult for policymakers to recognize when regulatory interventions in the market are .
Ten years after the 2008 financial crisis, in the euro area investment is still below the pre-crisis level. Public and private investment growth is so weak that capital per worker (capital intensity) has virtually remained constant. An increase in ..
2019| Marius Clemens, Marius Goerge, Claus Michelsen
The efficiency of the German economy is powered by its knowledge-intensive industrial and services sectors. Yet the use of knowledge capital to drive innovation and productivity in Germany is rather low compared to other European countries and the ..
The debate on effective climate protection is heating up in Germany and the rest of the world. Nuclear energy is being touted as “clean” energy. Given the circumstances, the present study analyzed the historical, current, and future costs and risks .
2019| Ben Wealer, Simon Bauer, Leonard Göke, Christian von Hirschhausen, Claudia Kemfert
There has been a universal statutory minimum wage in Germany for a good four years, but many employees still do not receive it. This is the finding of new calculations based on the Socio-Economic Panel (SOEP), which have updated noncompliance with ..
2019| Alexandra Fedorets, Markus M. Grabka, Carsten Schröder
The desire to avoid the shame of being dependent on government aid is often cited as a cause of low welfare take-up rates. In contrast to other obstacles, such as transaction costs or a lack of information, little empirical research has been ...
In many European countries, there is a substantial gender pension gap. Yet, these gaps vary strongly across countries. This cross-national study examines to what extent institutional and labor market-specific factors correlate with gender pension ...
After a turbulent summer, marked by a weak second and a likely stronger third quarter, the German economy should return to an average pace of growth and end up with a growth rate of 0.9 percent in 2019. Despite the more subdued pace, capacity ...
2019| Claus Michelsen, Martin Bruns, Marius Clemens, Max Hanisch, Simon Junker, Konstantin Kholodilin, Thore Schlaak
The global economy is holding steady amidst uncertainty, although subdued export and investment growth in some places is already proving the extent to which protectionism and the unresolved trade conflicts are negatively affecting the economy. ...
2019| Claus Michelsen, Guido Baldi, Martin Bruns, Marius Clemens, Geraldine Dany Knedlik, Hella Engerer, Marcel Fratzscher, Stefan Gebauer, Max Hanisch, Simon Junker, Konstantin Kholodilin, Malte Rieth, Thore Schlaak
Twenty years after the introduction of the euro, this Weekly Report uses an empirical analysis to assess the performance of monetary policy in the EMU founding states. It is often claimed that the monetary policy of the European Central Bank (ECB) ..
2019| Jan Philipp Fritsche, Patrick Christian Harms
Improving physicians’ prescription practices is a primary strategy for countering the rise in resistance to antibiotics. This would prevent physicians from incorrectly prescribing antibiotics, one of the main causes of antibiotic resistance. The ...
2019| Michael A. Ribers, Hannes Ullrich
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